ABC Business News

Bloomberg Creative/Getty Images (NEW YORK) — Federal Reserve Chair Jerome Powell on Wednesday voiced an optimistic message about the U.S. economy and downplayed the threat of a recession. “The U.S. economy has actually been quite [Read More…]

Catherine McQueen/Getty Images (NEW YORK) — Across the nation, more than $20 billion is waiting to be reclaimed by citizens who may not even know they may be owed cash from “unclaimed property,” which can [Read More…]

Starbucks (NEW YORK) — Amid much back-and-forth between Starbucks and some of its workers who claim the company stopped Pride decorations from being displayed in some locations, some union employees have gone on strike to [Read More…]

Maskot/Getty Images (NEW YORK) — Natasha Jackson faced what she says was pregnancy discrimination 13 years ago. She was three months pregnant with her third child when she was put on leave from her job [Read More…]

CHUYN/Getty Images (NEW YORK) — Airlines have canceled more than 5,200 flights since Saturday in the U.S. and United Airlines CEO claimed the Federal Aviation Administration staffing and inexperience is partly to blame. United CEO Scott [Read More…]

IronHeart/Getty Images (WASHINGTON) — The federal government squandered more than $200 billion in potential fraud in its aggressive rush to prop up small businesses as the COVID-19 pandemic threatened to shatter the U.S. economy, according to [Read More…]

IronHeart/Getty Images (WASHINGTON) — The federal government squandered more than $200 billion in its aggressive rush to prop up small businesses as the COVID-19 pandemic threatened to shatter the U.S. economy, according to a report [Read More…]

Kinga Krzeminska/Getty Images (NEW YORK) — Costco Wholesale is cracking down on customers sharing membership cards at the self-service checkout. The big box retailer will require shoppers at the self-checkout kiosks show their membership cards [Read More…]

American Farm Bureau (NEW YORK) — The average cost of a 4th of July cookout is slightly down, but families are still feeling the pinch of inflation and other cost catalysts on groceries. According to [Read More…]

Craig Hastings/Getty Images (NEW YORK) — With less than one week to go until the Fourth of July holiday weekend, here’s what you need to know before hitting the highway or heading to the airport. [Read More…]

RapidEye/Getty Images (NEW YORK) — 3M announced Thursday it has agreed to pay $10.3 billion in settlements in response to allegations in polluted water in towns and cities across the United States with toxic chemicals. [Read More…]

U.S. Consumer Product Safety Commission (NEW YORK) — Over seven million Baby Shark bath toys are being recalled due to a risk of injuries for kids, according to the Consumer Product Safety Commission. The CPSC [Read More…]

Westend61/Getty Images (NEW YORK) — Frozen fruit products distributed to Walmart, Whole Foods, Trader Joe’s, Target, Aldi and AWG stores in over 30 states have been voluntarily recalled due to possible Listeria monocytogenes contamination. SunOpta [Read More…]

Pavlo Gonchar/SOPA Images/LightRocket via Getty Images (EMERYVILLE, Calif.) — After years of research and rigorous testing, cell-cultivated meat will officially become part of the U.S. food system. Emeryville, California-based manufacturer UPSIDE Foods, which gave ABC [Read More…]

JASON REDMOND/AFP via Getty Images (NEW YORK) — Eager to test a submersible one month before its first trip to the deep-sea ruins of the Titanic, in the spring of 2018, OceanGate hit a snag: [Read More…]

Karl Tapales/Getty Images (NEW YORK) — With the rise of artificial intelligence, more people across the country are falling victim to kidnapping and other scams. A cybersecurity expert spoke to ABC News about ways people [Read More…]

Tom Merton/Getty Images (NEW YORK) — Washington state has overtaken California as the state with the highest gasoline prices. The average price of regular gas in Washington is $4.93 a gallon, up 33 cents from [Read More…]

Pavlo Gonchar/SOPA Images/LightRocket via Getty Images (NEW YORK) — After years of research and rigorous testing, cell-cultivated chicken meat will officially be a part of the U.S. food system. Emeryville, California-based manufacturer UPSIDE Foods, which [Read More…]

Cindy Ord/Getty Images for Good Humor (NEW YORK) — First the Choco Taco, now the Good Humor Toasted Almond Ice Cream Bar?! It’s officially peak ice cream season with summer in full swing, but there [Read More…]

Nathan Laine/Bloomberg via Getty Images (WASHINGTON) — The Federal Trade Commission sued Amazon on Wednesday for allegedly using deceitful tactics in a years-long effort to trick millions of customers into enrolling in its Prime subscription service, [Read More…]